The access control and authentication market is expected to reach $22.7 billion at a CAGR of 11.2% during the forecast period of 2020 to 2027. The growth of Access Control & Authentication market is mainly attributed to the increasing demand for enhanced access control and contactless authentication devices. In addition, increasing technological collaborations and emerging markets are providing significant growth opportunities for players operating in this market. However, the high initial cost involved in deploying biometric access control systems and lack of awareness, especially in developing countries may limit the growth of this market to some extent. Moreover, increasing adoption of access control as a service and incorporation of contactless biometric access control devices with temperature and fever detectors are the latest trends observed in this market.
Here are the top 10 companies operating in Access Control and Authentication Market–
Bosch Security and Safety Systems
Bosch Security and Safety Systems is a leading global supplier of security, safety, and communications products and systems and offers solutions& services for building security, energy efficiency, and building automation. The company’s product portfolio includes access control and management systems. The company is a part of the Bosch Group, a leading international technology and service company.
The company manages different Bosch security subsystems, such as access control and video surveillance across several verticals, including airports, healthcare, retail, stadiums, and transportation, among others. The company also offers a wide-ranging of on-site and off-site services for standard and customized applications. The company offers comprehensive, reliable, and scalable access control & software solutions for any medium to large-sized applications, such as offices or healthcare facilities. The company has its strong geographic presence across North America, Latin America, Asia-Pacific, and Europe. The company has manufacturing sites in the U.S., Mexico, Germany, Portugal, and China.
ASSA ABLOY develops, designs, and manufactures a complete range of door opening solutions. The company markets mechanical and electromechanical locking solutions, access control systems, identification technology, entrance automation, security doors, and hotel security. Its portfolio includes locks, doors, gates, and entrance automation solutions. The company also provides solutions for controlling identities with keys, cards, tags, mobile and biometric identity verification systems. In 2018, the company successfully acquired 19 companies to back its consistent growth.
ASSA ABLOY is present in Europe, North and South America, Asia, and Oceania.
Honeywell Commercial Security
Honeywell International is a leading global manufacturer of security and automation solutions, including IP video and access control, particularly for the residential and commercial sectors. Honeywell Commercial Security provides various solutions that improve productivity, workplace safety, and asset performance.
Honeywell Commercial Security provides a wide range of commercial security, access control, integrated security, intrusion, and video systems, as well as resources to support these products. The company has its customers across the aerospace, automotive, commercial building, healthcare, logistics, manufacturing, oil and gas, medical, retail, supply chain, test & measurement, and transportation industries. The company has its strong geographic presence in North America, Latin America, Asia-Pacific, Europe, the Middle East, and Africa.
Johnson Controls International PLC
Johnson Controls provides building products and technology solutions. The company offers air systems, building management, HVAC controls, security, and fire safety solutions. Johnson Controls offers intelligent buildings, efficient energy solutions, integrated infrastructure, and next-generation transportation systems. The company also provides advanced access control solutions and products, such as electronic locks, door controller, smart card readers, biometric devices, and exit devices.
Johnson Controls has its strong geographic presence in Asia, the Americas, Europe, the Middle East, Oceania, and Africa.
Gemalto is the global leader in digital security and provides software applications and secure personal devices, such as smart cards & tokens and managed services. The company offers a wide range of technologies and services from secure software to biometrics and encryption that enable businesses and governments to authenticate identities and protect data. The company also provides solutions from payment to enterprise security and IoT that enables its customers in over 180 countries to deliver secure digital services.
The company has a strong geographic presence in 47 countries across the globe. The company has 110 offices along with 47 personalization and data centers, and 35 research and software development centers worldwide.
A report into the projected growth of the current Access Control and Authentication Market by Meticulous Research® has produced some incredible forecasts for the industry. By 2027, it’s expected to have grown at a CAGR of 11.2%, reaching over $22.7 billion.
Axis Communications AB
Axis Communications develops and markets network video and print servers. The company focuses on applications, such as security surveillance, remote monitoring, and document management. Axis’s product line includes digital cameras, servers, software, embedded products, and accessories. The company also offers service and support.
Axis Communications has a strong global presence in more than 50 countries. In cooperation with a global partner network, the company offers its products and services to customers in 179 countries. The company has built its market presence with representatives in more than 50 countries and through resellers in 179 countries.
Identiv develops and manufactures physical access control, identity management, and radio frequency identification systems. The company’s products are used in corporate employee identification (ID) cards, company email, information technology networks, and facility access control, in national ID cards and passports, transport passes, and banking.
The company offers several products, software, systems, and services that address the markets for physical and logical access control and an extensive range of RFID-enabled applications. Identiv also provides access and identification solutions across several verticals, such as government, enterprise, consumer, education, healthcare, banking, retail, and transportation. Identiv has its geographic presence in Asia, the Americas, Europe, the Middle East, Oceania, and Africa.
NEC Corporation (formerly Nippon Electric Company Ltd.) manufactures and provides computers, telecommunication equipment, electronic devices, semiconductors, and software. The company’s products include batteries, modems, cellular phones, plasma display panels, network systems, memory, integrated circuits, thin-film transistor-liquid crystal display, and printed circuit boards. NEC provides solutions to customers’ needs with its biometric authentication technologies. In addition, by combining multiple biometric authentication systems, NEC’s solutions bring about even more robust security.
NEC has implemented over 1,000 systems with its fingerprint and face recognition technologies in more than 70 countries and regions in the world. Besides police forces and national government systems, NEC’s products and solutions are widely deployed for needs such as corporate building entry/exit management, PC login management, and applications in the entertainment industry. The company has its presence in North America, Europe, the Middle East and Africa, Asia-Pacific, and Latin America.
Panasonic develops various electronic technologies and solutions. The company provides a wide range of integrated solutions across several verticals, including automotive, avionics, energy &utilities, food services &hospitality, retail, government and public safety, logistics, manufacturing, and sports & entertainment. The company also provides access control and identification devices, such as facial recognition systems.
The company has its strong geographic presence in North America, Latin America, Asia-Pacific and Europe, the Middle East, and Africa.
Founded in 2000 and headquartered in South Korea. Suprema is a leading global provider of biometrics and security. The company provides a wide range of product portfolio, including biometric access control systems, time & attendance solutions, fingerprint live scanners, mobile authentication solutions and embedded fingerprint modules. The company has established itself as a premium global brand in the physical security industry, along with a strong sales network in over 140 countries worldwide.
Suprema has its strong geographic presence in North America, Latin America, Asia-Pacific, Europe, the Middle East, and Africa. The company has completed National Identification Projects across 23 countries, along with more than 100 industry patents and intellectual properties.
Popular Mentions: Zhejiang Dahua Technologies, Co. Ltd., AMAG Technology, Inc., Sensory, Inc., Genetec, Inc.
Authoritative Research on the Access Control and Authentication Market – Global Opportunity Analysis and Industry Forecast (2020-2027)
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